Yemen’s Safer Oil company, owned by the internationally recognized government of Yemen, resumed pumping oil from its fields in Shabwa to a terminal on the Arabian Sea.

Saudi Arabia, the world's top oil exporter, will limit volumes of crude oil to some Asian buyers in July.

Saudi Arabia, the world’s largest oil exporter, raised pricing for July sales of all crude grades to Asia, the USA and Northwest Europe.

Iranian Minister of Petroleum, Bijan Zanganeh, said Tehran is set to sign a deal with Moscow within early March to sell 100,000b/d of oil to Russia.

Iran's daily export volume of products has reached an aggregate daily total of 500,000 liters, with the country focusing on pipeline projects to enhance its exportation capabilities.

Libya exports 776,000b of crude to Italy via Ras Lanuf terminal, in the first oil cargo out of the port since 2014.

The Iraqi government and the Kurdistan Regional Government (KRG) are ready to resolve oil disputes to allow crude output growth.

Kirkuk has received new payments for exported oil from the Kurdistan Regional Government (KRG) bringing up the total amount paid to Kirkuk to $50m since December 2015.

Iran records a 60% increase in oil export volumes by foreign supertankers docking at the country's southern Kharg oil terminal, in the Bushehr province, in the first four months of the Iranian calendar year, starting on March 20th, compared to the same period of 2015.

Japan and Iran have signed a bilateral agreement for $10b debt guarantee investments in various sectors in the country, after Tokyo lifted trade sanctions against Tehran.